Threat of substitutes is one of the forces of :
Threat of substitutes is a force in Porter's model of industry competition. Substitutes can meet a similar customer need and therefore constrain the prices and returns an…
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Threat of substitutes is one of the forces of :
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Correct answer C
Threat of substitutes is a force in Porter's model of industry competition. Substitutes can meet a similar customer need and therefore constrain the prices and returns an industry can sustain.
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Maharashtra and Goa SET (MH SET)